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World Bank suggests Pakistan end subsidies amid "dangerous" fiscal deficit
Updated : 3 years, 2 months ago IST
To improve Pakistan's economy, the World Bank, in its review report, has recommended several suggestions to the country to counter the problem -- starting with the end of subsidies.
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Jharkhand HC issues bailable arrest warrant against transport secretary in
Updated : 3 years, 2 months ago IST
The Ranchi senior superintendent of police has been directed to personally execute the bailable warrant of arrest and produce the secretary before the court on April 17 at 1:15 PM.
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Amid reeling economic crisis, Pak govt hikes petrol price for next 15 days
Updated : 3 years, 2 months ago IST
Ishaq Dar, the finance minister, revealed on Saturday that the federal government has decided to raise the cost of petrol by Rs 10 per litre for the ensuing 15 days, Geo News reported.
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"IMF has no excuse to delay loan, country was not created to act like begg
Updated : 3 years, 2 months ago IST
Shehbaz Sharif also expressed his gratitude to Saudi Arabia and the United Arab Emirates. The UAE had committed a loan of USD 3 billion. He lauded the efforts of Foreign Minister Bilawal Bhutto, Finance Minister Ishaq Dar and Chief of the Army Staff Asim Munir for making efforts in this r
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IMF seeks more Pak assurances before releasing bailout package
Updated : 3 years, 2 months ago IST
The International Monetary Fund (IMF) has "welcomed" Pakistan's confirmation of having secured crucial bilateral support from key partners and said it looked forward to receiving further "financing assurances as soon as possible", which would help conclude the much-delayed ninth review of a
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Pakistan's inflation to rise to 29.5pc in FY23: World Bank
Updated : 3 years, 2 months ago IST
The World Bank has warned that Pakistan's inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and food prices and the weaker Rupee, Dawn reported.
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India plays key role in IMF's clearance of 48-month EFF worth USD 2.9 bill
Updated : 3 years, 2 months ago IST
India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.
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Mounting losses, piling debt crippling Pakistan International Airlines: Re
Updated : 3 years, 2 months ago IST
Recently, a Pakistan News outlet ARY News stated that PIA has tax debts amounting to over Rs 400 billion (USD 1.4 billion). The carrier had also recently asked for a government bailout to the tune of Rs 45 billion (USD 157 million).
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Kerala HC dismisses bail plea filed by M Sivasankar in LIFE Mission case
Updated : 3 years, 2 months ago IST
In the bail plea before the High Court, Sivasankar said, "The arrest is a political stunt. There is no direct allegation against the petitioner. The entire case is a political hit job by the Enforcement Directorate using the professional privity the petitioner had with the Chief Minister of
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BJP leader Bandi Sanjay to kickstart protest march against Telangana govt
Updated : 3 years, 2 months ago IST
Days after being released on bail in the alleged "paper leak" case, Telangana Bharatiya Janata Party (BJP) chief Bandi Sanjay will launch a mega agitation against the "unemployment" in the state.
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Bengaluru serial blasts case: Abdul Maudany's seeks relaxation of bail con
Updated : 3 years, 2 months ago IST
Abdul Nazir Maudany, an accused in the 2008 Bengaluru serial bomb blasts case, on Thursday urged the Supreme Court to ease his bail conditions allowing him to stay in his hometown in Kerala to take care of his ailing father.
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SC directs former Unitech promoters Sanjay, Ajay Chandra to approach Apex
Updated : 3 years, 2 months ago IST
The Supreme Court on Wednesday directed former Unitech promoters Sanjay and Ajay Chandra to approach the Apex Court for bail or other reliefs in connection with cases related to homebuyers fraud matters.
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